Ethereum ETFs See Significant Outflows After Record Inflow Streak

US spot Ethereum ETFs experienced $196.6 million in net outflows Monday, marking their second-largest daily withdrawal since launch, according to SoSoValue data.

This profit-taking follows an impressive eight-day inflow streak that brought $3.7 billion into the funds, including $2.85 billion last week alone – nearly nine times the prior week’s $325.8 million.

Despite the outflows, these investment vehicles now hold 6.3 million ETH ($26.7 billion), representing 5.1% of Ethereum’s circulating supply. Coinbase data shows digital asset treasuries hold another 2%, meaning institutional players control over 7% of ETH’s total supply.

The market reaction was muted, with ETH dipping just 1.5% to $4,239 and BTC essentially unchanged at $115,299 in early Tuesday trading.

The first version emphasizes the broader institutional ownership story, while the second focuses more on the recent flow dynamics and price action. Both maintain all key facts while presenting different narratives.